In this chapter we prove isomorphism theorems for ultrapowers and ultraproducts of normed space structures. These results show that there is a very tight connection between (a) properties that are preserved under the ultraproduct construction and (b) properties that are expressible using the logic for normed space structures that is described in this paper. Let L be a signature and let ℳ and N be two normed space L-structures. If ℳ and N have isomorphic ultrapowers, by Corollary 9.4 they must be approximately elementarily equivalent. Theorem 10.7 below gives the converse (in a strong form). Together these results show that ultrapower equivalence of ℳ and N is the same as approximate elementary equivalence. (See the discussion of this is...